ICICI Bank Analyst Rating
based on 41 analysts
90.24%
Buy
9.76%
Hold
0.00%
Sell
Based on 41 analysts offering long term price targets for ICICI Bank. An average target of ₹1481.8
Source: S&P Global Market Intelligence
ICICI Bank Share analysis
ICICI Bank price forecast by 41 analysts
Upside of20.18%
High
₹1670
Target
₹1481.80
Low
₹1181
ICICI Bank target price ₹1481.8, a slight upside of 20.18% compared to current price of ₹1196.15. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
ICICI Bank revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
ICICI Bank EPS growth forecast
EPS estimate Q1, FY2027:29.12%
Forecast
Actual
Source: S&P Global Market Intelligence
ICICI Bank Performance
Day's Low
Day's High
₹1,192.7Day's Price Range₹1,238.9552 Week's Low
52 Week's High
₹970.1552-Week Price Range₹1,362.35
| Returns % | |
| 1 Month Return | -4.92 % |
| 3 Month Return | -2.07 % |
| 1 Year Return | + 19.81 % |
| Market Stats | |
| Previous Close | ₹1,232.95 |
| Open | ₹1,236.95 |
| Volume | 2.05Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,70,473.10Cr |
ICICI Bank Key Statistics
| P/E Ratio | 18.28 |
| PEG Ratio | 1.85 |
| Market Cap | ₹8,70,473.10 Cr |
| P/B Ratio | 3.27 |
| EPS | 64.08 |
| Dividend Yield | 0.91 |
| Sector | Banks |
| ROE | 18.89 |
ICICI Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹8,70,473.10 Cr | 26.43% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹75,622.55 Cr | -5.47% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹24,557.65 Cr | -13.61% | NA | NA | NA | |
| BUY | ₹3,05,832.94 Cr | 7.54% | NA | ₹26,386 Cr | ₹1,37,989 Cr | |
| BUY | ₹12,62,928.10 Cr | 6.54% | NA | ₹64,062 Cr | ₹4,07,994 Cr |
About ICICI Bank
ICICI Bank has a robust international presence, operating in over 15 countries, including the United States, the United Kingdom, Canada, and Singapore. The bank has several subsidiaries, such as ICICI Prudential Life Insurance, ICICI Lombard General Insurance, ICICI Securities, and ICICI Bank Canada, providing specialized services in insurance, brokerage, and banking. A notable fact about ICICI Bank is its pioneering role in digital banking in India, being one of the first banks to introduce internet banking in the country. The bank continues to focus on innovation and expansion, enhancing its global footprint and product offerings.
Share Price: ₹1196.15 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹8,70,473.10Cr as of today
Revenue: ₹72,987.74Cr as on September 2024 (Q3 24)
Net Profit: ₹12,947.77Cr as on September 2024 (Q3 24)
Listing date: 17 Sep, 1997
Chairperson Name: Girish Chandra Chaturvedi
| Organisation | ICICI Bank |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for ICICI Bank Ltd
ICICI Bank Shares Hit Four-Month Low Ahead of Q3 Results - 21 Jan, 2025
ICICI Bank shares fell nearly 3%, reaching a four-month low of Rs 1,201 ahead of Q3 results. Despite this, analysts maintain a positive outlook, citing strong asset quality and growth potential. The bank's robust capitalisation and healthy margins position it well for future performance, although concerns about potential rate cuts and rising costs persist.ICICI Bank Set to Announce Q3 Results Soon - 19 Jan, 2025
ICICI Bank is scheduled to announce its Q3 financial results in the coming week, along with other key Nifty-50 companies.ICICI Bank Stock Performance Overview - 18 Jan, 2025
ICICI Bank's current price is ₹1,225.45, with a market cap of ₹8,81,863 Cr. The stock has seen a 1.31% decline this week and a 7.80% drop this month, but has increased by 21.34% over the past year.ICICI Bank Shows Strong Performance and Growth - 16 Jan, 2025
ICICI Bank outperformed peers with a 23% return over the past year. Key metrics show robust growth in deposits and loans, with improving NPA ratios. Analysts expect continued strong performance.ICICI Bank Market Cap Grows Significantly - 15 Jan, 2025
ICICI Bank's market capitalization rose by 25.8% year-on-year to $105.7 billion at the end of the fourth quarter of 2023.ICICI Bank Anticipates Stable Performance Ahead - 13 Jan, 2025
ICICI Bank and other Indian finance companies are projected to report stable performance in FY26, driven by improved loan growth and stable credit costs.ICICI Bank Sees Increased Fund Position and Support - 10 Jan, 2025
A fund has reduced its holdings in ICICI Bank while the stock shows strong support at ₹1,250, with a target of ₹1,310, suggesting a buying opportunity.ICICI Bank Reports Growth and Analyst Target Prices - 09 Jan, 2025
ICICI Bank's Q2 FY25 results show an 8.5% increase in Net Interest Income and a 15.6% rise in deposits. Analysts set target prices of Rs 1,550 and Rs 1,600, highlighting strong performance and growth potential.ICICI Bank Faces Fraud Scandal Amid Positive Growth Outlook - 08 Jan, 2025
ICICI Bank is highlighted positively by JP Morgan for growth potential. However, the bank faces scrutiny as six individuals were arrested in a digital gold scam involving hacked accounts. Additionally, ICICI Bank signed a significant lease for a commercial property near Mumbai.ICICI Bank Drives Market Rebound on Tuesday - 07 Jan, 2025
On January 7, 2025, benchmark indices Sensex and Nifty rebounded, supported by strong buying in blue-chip stocks, particularly ICICI Bank, following recent declines.ICICI Bank Faces GST Demand and Penalty - 05 Jan, 2025
ICICI Bank has received a GST demand and penalty order totaling ₹100.76 crore from the Maharashtra GST Department, which the bank plans to contest.ICICI Bank Faces GST Demands Amid Positive Outlook - 04 Jan, 2025
ICICI Bank has received significant GST demands totaling over ₹153 crore from Maharashtra's GST Department, while analysts maintain a positive outlook on the bank's performance driven by strong loan growth and asset quality.ICICI Bank Shows Strong Performance and Buy Target - 02 Jan, 2025
ICICI Bank delivered close to 30% returns in 2024, with Axis Securities recommending a buy with a target price of ₹1,500, indicating a potential upside.ICICI Bank Highlighted as Top Pick by Nomura - 01 Jan, 2025
Nomura suggests avoiding banks with high unsecured retail loan exposure, favoring ICICI Bank and SBI for their strong operational metrics and deposit franchises.ICICI Bank Maintains Growth Amid Market Pressures - 31 Dec, 2024
ICICI Bank continues to show robust growth, with UBS maintaining a BUY rating. Despite a slight drop in share price, management remains optimistic about future performance.ICICI Bank Forecasts CAD, Buy Recommendation Issued - 30 Dec, 2024
ICICI Bank forecasts a 1.1% current account deficit for India in FY25. Analysts suggest a buy at 1324, anticipating strong performance if Bank Nifty rises.ICICI Bank Reports Strong Q3 Earnings Growth - 25 Dec, 2024
ICICI Bank announced an 18.8% increase in consolidated profit after tax to Rs 12,948 crore for Q3 FY 2024-25. The Board will meet on January 25, 2025, to approve financial statements, with the trading window closed from January 1 to January 27, 2025.ICICI Bank to Report Strong Q3 Earnings - 24 Dec, 2024
ICICI Bank is scheduled to announce its Q3 earnings on January 25, 2025. The bank reported a net profit of ₹11,745.9 crore in Q2, exceeding estimates and showing a 14.5% year-on-year increase.
Insights on ICICI Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 10 quarters, 7.38K Cr → 12.94K Cr (in ₹), with an average increase of 6.0% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, ICICIBANK has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ICICIBANK has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 67.32K Cr → 72.98K Cr (in ₹), with an average increase of 7.8% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 23.10% to 24.01% in Dec 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 7.54% to 7.39% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, ICICIBANK stock has moved down by -3.9%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 37.28% to 37.16% in Dec 2024 quarter
News
ICICI Bank Shares Hit Four-Month Low Ahead of Q3 Results
ICICI Bank shares fall nearly 3%, hits four-month low ahead of Q3 results. The stock price of the private sector lender is trading at its lowest level since September 9, 2024 and has corrected 11% from its previous month high of Rs 1,350.20 touched on December 16. Shares of ICICI Bank hit a four-month low of Rs 1,201, falling 2.6 per cent on the BSE in Tuesdays intra-day trade, underperforming the market in otherwise a weak market. ICICI Banks board is scheduled to meet on Saturday, January 25, 2025 to consider and approve the December quarter (Q3FY25) results. The bank is well-positioned with superior margins, strong return on equity (RoE), asset quality, contingency buffers, and robust capitalisation in this upcycle. A strong liability franchise indicates a robust business outlook for the bank. The brokerage firms have outperform/buy rating on ICICI Bank with upside of up to 37 per cent. A steady loan growth trajectory and stable asset quality would help the bank to sustain stable return ratios. Net interest margins (NIMs) are expected to be stable in H2FY2025 versus H1FY2025 until the rate cut cycle starts. Lower interest rate cycle will negatively impact margins, as ~51 per cent of the loan book is linked to repo, which will get repriced immediately, rest ~17 per cent is linked to MCLR and ~32 per cent is fixed rate book. Operating expenses (Opex) growth would lag income growth, which would ultimately offset the impact of lower NIM. The asset-quality outlook continues to remain stable as there are no signs of alarming stress along with higher contingent provisions, which should keep credit cost lower. Stress in the unsecured retail segment is expected to stabilise over the next couple of quarters, according to Mirae Asset Sharekhan. Overall, the brokerage firm sees ICICI Bank relatively well-placed in the sector in terms of asset quality/growth and profitability. The bank continues to outperform peers on most of the parameters exhibiting strong franchise strength; and thus, the current valuation premium to peers is likely to sustain. The brokerage firm believes the bank is likely to sustain return on assets (RoA) over ~2 per cent in the near to medium-term. The bank has been delivering predictable earnings with healthy growth on a sustained basis, which is a key positive, it added. Meanwhile, ICICI Banks balance sheet remains protected by heavy excess provisioning and healthy capitalisation. It currently also enjoys a high current account and savings account (CASA) as a proportion of net demand and time liabilities (NDTL), and therefore, a funding cost edge over its nearest competitors. This has helped the bank gather loan market share in prime categories and emerge as a preferred choice for investors within Indian banking names, according to analysts at BNP Paribas Exane Research. The banks tech and digital investment efforts appear to have set the benchmark among large private-bank peers. While the iMobile apps popularity provides us with some evidence of the banks tech and digital focus, its efforts span segments and functions. Its annualised ROE has broken through the 18 per cent barrier in recent quarters, partly aided by low credit costs. It is trading at 2.6x 1-year forward core P/BV and is still attractive vis-à-vis what the brokerage firm see as a sustainable core ROE of 17.5-18.5 per cent. It has outperform rating on the stock with a target price of Rs 1,640 per share. ICICI Bank has lagged its peer HDFC Bank in incremental CASA mobilisation in the past two years. Even though its current edge is large, any closing of the gap will dilute its cost of funds advantage. This large advantage is critical to dominating prime asset categories and having a profitability (NIM) buffer vis-à-vis competition are key risks to the downside, BNP Paribas said. ICICI Bank is set for superior performance, driven by healthy loan growth, strong asset quality, and industry-leading return ratios. While Motilal Oswal Financial Services (MOFSL) anticipates margins to remain in pressure in the near term due to a potential rate cut and rising costs of funds, the banks operating leverage is emerging as a key driver of earnings growth. With robust deposit inflows and a favourable credit-deposit ratio (CD ratio)—the lowest among large private banks—ICICI Bank is well-positioned for profitable growth. Its asset quality outlook remains steady, supported by robust underwriting standards, strong PCR, and a high contingency buffer of ~1 per cent of loans, the brokerage firm said in a management meet update report dated December 11, 2024.21 Jan, 2025 02:42 PMFII Trading Holds The Key For Next Level Direction
Corporate earnings from blue-chips like ICICI Bank are the key factors to drive equity markets this week.20 Jan, 2025 08:20 AMGIFT Nifty Futures Up; Indian Markets Set for Positive Start
Market participants are closely watching Q3 earnings reports from heavyweights such as ICICI Bank.20 Jan, 2025 08:13 AMICICI Bank Financials
Index Inclusions
ICICI Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 37.16% | ||
| Mutual Funds | 24.01% | 3.92 | |
| Retail Investors | 7.39% | ||
| Others | 31.44% |
ICICI Bank Key Indicators
ICICI Bank Valuation
ICICI Bank in the last 5 years
Lowest (15.80x)
October 26, 2023
Industry (14.71x)
January 20, 2025
Today (18.28x)
January 20, 2025
Highest (66.71x)
June 27, 2019
ICICI Bank Earnings and Dividends
ICICI Bank Ltd Earnings Results
ICICI Bank Ltd’s net profit jumped 18.83% since last year same period to ₹12,947.77Cr in the Q2 2024-2025. On a quarterly growth basis, ICICI Bank Ltd has generated 10.7% jump in its net profits since last 3-months.
Read More about Earnings ResultsICICI Bank Ltd Dividends April,2024
In the quarter ending March 2024, ICICI Bank Ltd has declared dividend of ₹10 - translating a dividend yield of 0.84%.
Read More about Dividends
ICICI Bank Technicals Summary
Bearish
Neutral
Bullish
ICICI Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on ICICI Bank Ltd
ICICI Bank Ltd share price today stands at ₹1196.15, Open. ₹1236.95 ; Previous Close. ₹1232.95 ; High. ₹1238.95 ; Low. ₹1192.7 ; 52 Week High. ₹1362.35 ; 52 Week Low: ₹970.15.
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ICICI Bank Ltd is listed on NSE
ICICI Bank Ltd is listed on BSE
- Today’s highest price of ICICI Bank Ltd is ₹1238.95.
- Today’s lowest price of ICICI Bank Ltd is ₹1192.7.
PE Ratio of ICICI Bank Ltd is 18.28
PE ratio = ICICI Bank Ltd Market price per share / ICICI Bank Ltd Earnings per share
Today’s traded volume of ICICI Bank Ltd(ICICIBANK) is 2.05Cr.
Today’s market capitalisation of ICICI Bank Ltd(ICICIBANK) is ₹870473.1Cr.
| ICICI Bank Ltd(ICICIBANK | Price |
|---|---|
52 Week High | ₹1362.35 |
52 Week Low | ₹970.15 |
ICICI Bank Ltd(ICICIBANK) share price is ₹1196.15. It is down -12.20% from its 52 Week High price of ₹1362.35
ICICI Bank Ltd(ICICIBANK) share price is ₹1196.15. It is up 23.30% from its 52 Week Low price of ₹970.15
| ICICI Bank Ltd(ICICIBANK | Returns |
|---|---|
1 Day Returns | -36.8% |
1 Month Returns | -4.92% |
3 Month Returns | -2.07% |
1 Year Returns | 19.81% |